What you'll learn
How development is measured and why inequality exists.
Measuring development
- GDP, HDI, infant mortality and literacy; the development gap.
Reducing inequality
- Aid (bilateral, multilateral, emergency), fair trade and investment.
- Transnational corporations (TNCs): costs and benefits for host countries.
Exam tips
- Use several indicators, not GDP alone.
- Evaluate the role of TNCs with examples.
Common mistakes
- Judging development on wealth alone.
- Confusing types of aid.